Several large investment firms are setting up funds that would purchase personal loans, student loans and small-business loans from online originators...Read more.
Morgan Lewis is pushing to establish a large structured-finance presence in Chicago as part of an effort to expand into asset classes it has traditionally...Read more.
A legal battle between Western & Southern Life and BNY Mellon could mark a final opportunity for the holders of troubled structured products to seek...Read more.
Marketplace education lender College Ave Student Loans has hired Sharon Asch Gold to head its capital-markets unit.Read more.
In a move that could jumpstart its mortgage-bond issuing efforts, Sprout Mortgage has hired David Akre to head its capital-markets unit.Read more.
In a matter of just a few weeks, both co-heads of BlackRock’s U.S. collateralized loan obligation-issuing unit have resigned from the firm.Read more.
RBC’s commercial-paper unit has picked up two high-profile professionals from Bank of America.Read more.
A number of mortgage-bond issuers are working on non-agency deals backed entirely by conforming loans on single-family investment properties.Read more.
Industry professionals are abuzz over a rare collateralized bond obligation that Jefferies is structuring on behalf of a small hedge fund operator.Read more.
Morningstar has promoted three senior members of its structured-finance staff, with two of them absorbing duties that formerly belonged to chief operating...Read more.